Taiwan's stainless steel mills plan to keep the price flat for Apr
LME nickel price dropped below than US$10,000/ton last week and it also remained at low level yesterday. Affected by this, the finish product deal price also decreased in the market.
However, the stainless steel mills plan to hold the price flat for April. This is a big challenge for the mills. Actually, the down stream customer offered lower price in advance in the market. They don't want to suffer from the great loss and hope the mills could reduce price further.